Amkor stock touches 52-week low at $21.47 amid market shifts

In a challenging market environment, Amkor Technology Inc. (NASDAQ:AMKR) stock has reached its 52-week low, dipping to $21.47. The semiconductor packaging and test services provider has faced significant headwinds over the past year, reflected in a substantial 1-year change with a decline of 26.68%. Despite market pressures, the company maintains a strong financial position with a healthy current ratio of 2.11 and more cash than debt on its balance sheet, according to InvestingPro data. Investors are closely monitoring the company’s performance as it navigates through the pressures of industry demand fluctuations and global economic uncertainties. The current price level presents a critical juncture for Amkor, as market participants consider the stock’s valuation and future prospects in a rapidly evolving tech landscape. With analysts setting price targets ranging from $24 to $36 and technical indicators suggesting oversold conditions, the stock appears undervalued based on InvestingPro’s Fair Value analysis.

In other recent news, Amkor Technology, a semiconductor service provider, has been the subject of multiple analysts’ reviews. DA Davidson reiterated its Buy rating on Amkor Technology with a steady price target of $36.00, despite the company’s first-quarter outlook falling short of Wall Street expectations. The firm’s analysis identified significant challenges for Amkor, including the loss of a key system-in-a-package socket and a transition to advanced packaging technology in the AI graphics market. However, DA Davidson remains optimistic, anticipating that the company will regain the lost iPhone socket in the second half of 2025 and contribute to growth with the introduction of next-generation graphics chip packaging.

In contrast, UBS revised its price target for Amkor Technology shares to $27.65, maintaining a Neutral rating. The firm expressed concerns about the risks to Amkor’s sales guidance, anticipating a 2% year-over-year decline in sales due to limited opportunities presented by the company’s 2.5D packaging technology.

Amkor Technology recently reported fourth-quarter earnings that beat analyst expectations, with adjusted earnings per share of $0.43. However, revenue for the quarter was slightly below the consensus estimate at $1.63 billion, down 7% YoY. The company’s guidance for the first quarter of 2025 fell short of analyst expectations, with earnings per share forecasted between $0.01 and $0.17 and revenue projected to be between $1.225 billion and $1.325 billion. These recent developments highlight the dynamic and evolving landscape for Amkor Technology.

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